DREMAL: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DREMAL
Largest movements
- Cash -€74,261
down €74,261 (-17.3%), from €429,885 to €355,623
mainly Contributions, distributions and other (-€343,132) and Debts after one year (-€42,810)
- Tangible fixed assets -€40,752
down €40,752 (-5.1%), from €806,376 to €765,624
of which Land and buildings: -€37,271
- Reserves -€161,311
down €161,311 (-18.3%), from €881,031 to €719,721
of which Distributable reserves: -€161,311
- Other debts +€112,132
up €112,132 (+32.0%), from €350,000 to €462,132
- Debts after one year -€42,810
down €42,810 (-22.6%), from €189,180 to €146,369
- Gross operating margin -€25,453
down €25,453 (-7.1%), from €357,944 to €332,491
- Financial charges -€6,459
down €6,459 (-24.6%), from €26,276 to €19,817
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,526,015 | €1,419,626 | -€106,389 | -7.0% |
| Fixed assets | 21/28 | €806,376 | €765,624 | -€40,752 | -5.1% |
| Tangible fixed assets | 22/27 | €806,376 | €765,624 | -€40,752 | -5.1% |
| Land and buildings | 22 | €796,702 | €759,431 | -€37,271 | -4.7% |
| Plant, machinery and equipment | 23 | €6,237 | €3,804 | -€2,433 | -39.0% |
| Furniture and vehicles | 24 | €3,437 | €2,389 | -€1,048 | -30.5% |
| Current assets | 29/58 | €719,639 | €654,002 | -€65,637 | -9.1% |
| Amounts receivable within one year | 40/41 | €289,754 | €298,378 | +€8,624 | +3.0% |
| Trade receivables | 40 | €287,504 | €298,378 | +€10,874 | +3.8% |
| Other amounts receivable | 41 | €2,250 | - | -€2,250 | |
| Cash at bank and in hand | 54/58 | €429,885 | €355,623 | -€74,261 | -17.3% |
| Total equity and liabilities | 10/49 | €1,526,015 | €1,419,626 | -€106,389 | -7.0% |
| Equity | 10/15 | €887,408 | €725,948 | -€161,461 | -18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €881,031 | €719,721 | -€161,311 | -18.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €879,171 | €717,861 | -€161,311 | -18.3% |
| Profit (loss) carried forward | 14 | €177 | €27 | -€150 | -84.7% |
| Amounts payable | 17/49 | €638,606 | €693,678 | +€55,072 | +8.6% |
| Amounts payable after more than one year | 17 | €189,180 | €146,369 | -€42,810 | -22.6% |
| Financial debts | 170/4 | €189,180 | €146,369 | -€42,810 | -22.6% |
| Amounts payable within one year | 42/48 | €428,870 | €530,706 | +€101,836 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €42,402 | €42,810 | +€409 | +1.0% |
| Trade debts | 44 | €3,375 | €1,685 | -€1,690 | -50.1% |
| Suppliers | 440/4 | €3,375 | €1,685 | -€1,690 | -50.1% |
| Taxes, remuneration and social security | 45 | €33,094 | €24,078 | -€9,016 | -27.2% |
| Taxes | 450/3 | €33,094 | €24,078 | -€9,016 | -27.2% |
| Other amounts payable | 47/48 | €350,000 | €462,132 | +€112,132 | +32.0% |
| Accrued charges and deferred income | 492/3 | €20,556 | €16,603 | -€3,953 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,473 | €40,752 | -€721 | -1.7% |
| Other operating charges | 640/8 | €7,395 | €6,501 | -€894 | -12.1% |
| Gross operating margin | 9900 | €357,944 | €332,491 | -€25,453 | -7.1% |
| Operating profit (loss) | 9901 | €309,077 | €285,238 | -€23,839 | -7.7% |
| Financial income | 75/76B | €1,412 | €2,717 | +€1,305 | +92.5% |
| Recurring financial income | 75 | €1,412 | €2,717 | +€1,305 | +92.5% |
| Financial charges | 65/66B | €26,276 | €19,817 | -€6,459 | -24.6% |
| Recurring financial charges | 65 | €26,276 | €19,817 | -€6,459 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €284,213 | €268,138 | -€16,075 | -5.7% |
| Income taxes | 67/77 | €86,746 | €86,466 | -€280 | -0.3% |
| Profit (loss) for the period | 9904 | €197,467 | €181,672 | -€15,795 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €197,467 | €181,672 | -€15,795 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.